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Southwest Airlines Co.'s fourth-quarter net income slipped 10 percent due to the effect of fuel-hedging contracts that lost value as oil prices tumbled, but the company's results beat Wall Street expectations.

DALLAS (AP) – Leaders of United and Southwest gave an upbeat forecast for 2015 that combined strong travel demand and cheaper fuel. Airline stocks soared on Thursday.

The price of jet fuel has dropped by about half since September, boosting airline profits and tamping down fear that global economic weakness could hurt the carriers. Analysts expect all four of the biggest U.S. airline operators to post bigger profits this year than in 2014.

AirTran Airways has ceased to exist in an industry that has reshaped itself into something that would not be easily recognized when the Dallas carrier took its first flight about two decades ago.

AirTran, which was acquired by Southwest in 2011, joins Northwest Airlines, which was bought by Delta, and Continental Airlines, which merged with United Airlines, in retirement. US Airways will disappear after it is folded into American Airlines – those two merged in December 2013 but still operate separately for now.

DALLAS (AP) – AirTran Airways has ceased to exist in an industry that has reshaped itself into something that would not be easily recognized when the Dallas carrier took its first flight about two decades ago.

DALLAS (AP) — Profits are soaring at the biggest U.S. airlines as fuel prices drop — but don't expect fares to fall too.

Heading into the busy holiday-travel period, the airlines expect even cheaper fuel, thanks to the nosedive in crude oil prices. The price of jet fuel, an airline's biggest single expense, has dropped by about one-fifth since mid-June.

NEW YORK (AP) – Millions of people step aboard airplanes each day, complaining about the lack of legroom and overhead space but almost taking for granted that they can travel thousands of miles in just a few hours.

Orangetheory Fitness has signed a lease at Stonecreek Centre at Poplar Avenue and Forest Hill-Irene Road in Germantown.

Orangetheory Fitness will occupy 3,167 square feet at the location. Orangetheory Fitness is a workout method that is broken into intervals of cardiovascular and strength training while using heart rate monitors to keep heart rates in a targeted zone to stimulate metabolism and increases energy.

Reproductive endocrinologist Dr. Laura Detti has joined the Germantown office of UT Medical Group Inc., where she specializes in male and female infertility. Detti provides genetic diagnosis and counseling; management of conditions such as polycystic ovarian syndrome, recurrent miscarriages and premature menopause; and pre- and post-cancer care for fertility issues.

Erika Ewen has joined Cushman & Wakefield/Commercial Advisors Asset Services LLC as controller. Ewen will direct the accounting department in all accounting functions and financial reporting of Commercial Advisors Asset Services as well as all property management clients.

LGSTX Services Inc. is relocating and expanding its Memphis warehouse operations. The Wilmington, Ohio-based firm, which specializes in aviation support and facility services, has leased 184,680 square feet across two facilities in the Southwide Distribution area at 363 Burma Road and 410 Burma Road.

The four daily AirTran flights and the AirTran operation at Memphis International Airport won’t be converted to the Southwest Airlines brand this year.

Officials of the Dallas-based airline confirmed Monday, June 4, what they have said since they began the integration with AirTran when Southwest acquired the company in April 2011 as a wholly owned subsidiary.

In the aviation industry, Memphis International Airport is considered a fortress hub, an airport where a single airline – in Memphis’ case, Delta Air Lines Inc. – handles 70 percent or more of the passenger flights.

A group representing Methodist Le Bonheur Healthcare’s Center of Excellence in Faith and Health – an interfaith collaborative center of research, innovation and training – has been asked to travel to the White House this month to share ideas with a group of health system and health policy leaders about crafting successful community partnerships and programs.

Despite this week’s bad news, the fortunes of Memphis International Airport as a Delta Air Lines hub remain closely linked with Delta’s flagship hub at Atlanta’s Hartsfield-Jackson International Airport.

The same day last month that General Sessions Court Clerk Otis Jackson called his employees to a “mandatory” meeting about his political ambitions, one of those employees reported him to the Shelby County attorney’s office.

The agreement between Wright Medical Group Inc. and the U.S. Justice Department that allowed the company to avoid prosecution for allegedly violating the federal kickback statute is the latest run in a series of scandals that has touched all three of the city’s big orthopedic firms.

DALLAS (AP) - Your bags still fly for free on Southwest Airlines, but if you want a better chance at a window or aisle seat it's going to cost $10 each way.

Southwest announced Wednesday that customers can pay extra to reserve a spot in the boarding line right behind elite fliers and ahead of families and other travelers. Unlike other airlines, Southwest doesn't offer assigned seats.

NEW YORK (AP) - Citigroup Inc. shuffled its top management again Thursday, naming its third chief financial officer of the year and bringing in a new head of its Citibank division as it returns its focus to traditional banking.

Citigroup Inc. announced Friday that it tapped Chief Financial Officer Gary Crittenden to become chairman of the unit in charge of its riskier assets and tougher-to-manage ventures, the latest move in a massive management reshuffling at the struggling bank.

DALLAS (AP) – Southwest Airlines reported Thursday that it lost money in the fourth quarter of last year as its fuel-hedging strategy, brilliant when oil prices were rising, lost punch with tumbling energy prices.

48. Archived Article: Memos - Wednesday, October 29, 1997 Jeff Kelly has been appointed president of Fogelman Properties Inc Jeff Kelly has been appointed president of Fogelman Properties Inc.s property management subsidiaries, Fogelman Management Co. and Fogelman Management Services LLC. Kelly most recent...

49. Archived Article: Calendar - Monday, October 06, 1997 Oct Oct. 7 The Quality Center will sponsor an ISO 9000 implementation workshop through Oct. 8. For more information, call 543-3530. The Business Emergency Preparedness Council will meet at 11:45 a.m. at the Ridgeway Inn, 5679 Poplar Ave. The speaker...

50. Archived Article: Memos - Wednesday, July 09, 1997 Margaret Craddock has been named executive director for the Metropolitan Inter-Faith Association Margaret Craddock has been named executive director for the Metropolitan Inter-Faith Association. She formerly was associate executive director for MIFA...

51. Archived Article: Memos - Wednesday, March 19, 1997 Larry Lewis, president of Lewis Ford, was elected chairman of the board for the Better Business Bureau for 1997-1998 Larry Lewis, president of Lewis Ford, was elected chairman of the board for the Better Business Bureau for 1997-1998. Other elected ...

52. Archived Article: Memos - Wednesday, June 05, 1996 Laura T Laura T. Todd has joined the Bank of Collierville as mortgage loan officer. Formerly with First Tennessee Mortgage in Collierville, she has been in mortgage banking for more than 14 years. Todd is a graduate of the University of Mississippi ...